Brexit is now directly damaging business investment in Britain
|07/16/2017||Posted by BusinessMediaguide.Com under General World News||
LONDON — Brexit is now directly affecting the investment decisions of British firms, according to a survey from the Confederation of British Industry.
Its survey of 357 businesses found over 40% of businesses said Brexit has affected their investment decisions. Of those, 98% said the impact has been negative.
The companies which reported Brexit had negatively influenced their investment decisions cited general uncertainty over the UK’s future.
The only positive impact they reported was the relative weakness of the dollar against the sterling.
Almost 60% of firms that responded to the survey said that Brexit had not affected their investment decisions.
The CBI, which represents read more >>>